Professional Development Plan

Professional Development Plan

Table of Contents
Introduction......................................................................................................................................3
Comparison of emotional intelligence and critical thinking behavior.............................................4
A critical examination of the authenticity of communication of a financial advisor......................6
Evaluation of range of heuristics, decisions and biases...................................................................8
Professional development plan......................................................................................................14
Conclusion.....................................................................................................................................15
Summary........................................................................................................................................16
References......................................................................................................................................17
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Introduction
A professional development plan or PDP is also known as the employee development plan that
helps to identify the career goals of an individual that set out a strategy for achieving all the
necessary objectives. Behavioral finance is one of the essential elements that create an effective
approach for initiating a successful professional development plan that can help an individual to
meet with all the specific objectives of achieving all the potential market success factors (Rubens
et al. 2018). Emotional intelligence highlights the cognitive and rational intelligence factors that
examine the emotional intelligence of an individual. Furthermore, the financial planner of the
organization needs to emphasize the basic importance of emotions that provide a piece of
effective financial advice. In addition to that, effective communication channels must be
identified that can reduce the gaps between competent and incompetent financial performances
(Choy and Chua, 2019). Identifying the consumer behavior of the targeted customer base can
provide additional help in making decisions that can lead to a successful investment decision.
The following report will compare the emotional and intelligence behaviors along with which the
authenticity of the financial advisors will be examined. Moreover, an evaluation of the range of
heuristics, decisions, and biases will be given. In addition to that, a professional development
plan will be given (Lewis et al. 2016).
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Comparison of emotional intelligence and critical thinking behavior
The emotional intelligence behavior refers to the ability of an individual that helps to recognize
the emotional situation between different feelings and discriminations while labeling them
appropriately. It helps to sue the emotional guidance of identifying one's thinking and behaviors.
On the other hand, critical thinking refers to the bringing of intelligence than help an individual
to use his/her intelligence for assessing the emotional factors (Boyatzis et al. 2015). The
fundamental understanding of critical thinking and emotional behavior provides a brief outline
that helps to identify the mind and its basic functions. Moreover, it teaches the human senses to
take the required actions in order to eliminate the possible negative outcomes resides within the
financial services (Wheeler, 2016). Despite all of the facts related to the emotional and critical
thinking behaviors, that cognitions, violation, and fallings are also needed to be considered as it
thinking ultimately leads to feelings. Moreover, the human mind has already inherited the
cognitions and feelings that drive them towards initiating the inter-influencing functions.
Emotional intelligence helps a human being to emotionally manipulate other individuals by
controlling them by acquiring the thing that they want from them (Alkahtani, 2015). However,
critical thinking can help to recognize the aspects which are socially unacceptable and helps to
build a mere concern about a significant outward posture which enables the person to observe
and pursue a narrow self-concerned interest.
The outcomes of Critical thinking and emotional intelligence behavior can create various
outcomes and influence the client engagements of a financial service organization. The learning
outcomes are as follows:
 It supports the importance of emotional intelligence while considering all the code of
conduct that helps to practice all the financial standards. Furthermore, it helps to maintain
an association with the leading professionals and financial planner.
 In addition to that, it delivers additional help in assessing the emotions of the employees
in every critical situation that is encountered in marinating a professional relationship
with the financial planners along with the clients.
 Moreover, Critical thinking and emotional intelligence highlight the importance and the
characteristics of emotional and critical factors that reside within the organization.
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